Is Tpg Telecom stock a buy right now?
As of early May 2025, TPG Telecom (ASX:TPG) is trading around AUD 5.13, with an active average daily volume exceeding 1.35 million shares. This level of activity reflects steady market engagement and broader investor interest within Australia’s dynamic telecommunications sector. Investors have recently digested several milestone events: the AUD 5.25 billion sale of substantial fibre assets to Vocus Group and a pivotal regional mobile network-sharing arrangement with Optus. These developments are strategically significant, strengthening TPG’s balance sheet and enabling expansion of service coverage without major new capital outlay. Market sentiment has trended constructively, supported by solid FY2024 service revenue growth (1.5%), consistent EBITDA performance, and the resilience of mobile operations. Technical signals – with the share price surpassing key moving averages and a bullish golden cross – further reinforce a positive near-term view, although the RSI indicates some short-term caution. Within Australia’s intensely competitive telecommunications landscape, TPG’s differentiated brand portfolio and commitment to next-generation network technologies stand out. According to the consensus of more than 32 national and international banks, a target price of AUD 6.67 highlights broad analyst confidence in TPG’s recovery and medium-term growth prospects. For investors considering sector exposure and income potential, TPG Telecom is now well positioned for further scrutiny.
- Broad brand portfolio covering mobile, internet, and enterprise services across Australia.
- Recent asset sales provide additional capital for strategic reinvestment and debt management.
- Network sharing with Optus expands coverage without full capital expenditure burden.
- Dividend yield of 3.51%, often enhanced by partial or full franking for tax efficiency.
- Consistent service revenue and EBITDA growth despite a competitive environment.
- Recorded a net loss in FY2024, though cash flow and EBITDA remain positive.
- Operates in a highly competitive market, creating ongoing pricing and margin pressure.
- What is Tpg Telecom?
- How much is Tpg Telecom stock?
- Our full analysis on Tpg Telecom </b>stock
- How to buy Tpg Telecom stock in Australia?
- Our 7 tips for buying Tpg Telecom stock
- The latest news about Tpg Telecom
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring Tpg Telecom's performance for more than three years. Each month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never received, and will never accept, any compensation from Tpg Telecom.
What is Tpg Telecom?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | Australian-based, well-positioned in the domestic telecom market. |
| 💼 Market | ASX (Australian Securities Exchange) | Listed on ASX, offering liquidity to Australian investors. |
| 🏛️ ISIN code | AU0000090128 | Unique identifier for global trading and transparency. |
| 👤 CEO | Iñaki Berroeta | CEO with strong telecom leadership, guiding recent strategic initiatives. |
| 🏢 Market cap | AUD 9.54 billion | Large-cap, making it one of the top 60 ASX-listed companies. |
| 📈 Revenue | AUD 4.70 billion (FY2024) | Revenue up 1.5% YoY; steady growth amid intense competition. |
| 💹 EBITDA | AUD 1.99 billion (FY2024, ex. one-offs) | EBITDA increased by 3.4%, indicating improving operational efficiency. |
| 📊 P/E Ratio | N/A (Net loss FY2024), Forward P/E: 50.25 | No current P/E due to losses; high forward P/E signals high growth expectations or risk. |
How much is Tpg Telecom stock?
The price of Tpg Telecom stock is rising this week. As of now, the share trades at AUD 5.13, up 0.98% (+AUD 0.05) over the last 24 hours and showing a strong weekly increase of 3.43%.
TPG’s market capitalization stands at AUD 9.54 billion, with an average daily trading volume of about 1.36 million shares over the past three months.
| Metric | Value |
|---|---|
| Current Price | AUD 5.13 |
| 24h Change | +0.98% (+AUD 0.05) |
| Weekly Change | +3.43% |
| Market Capitalization | AUD 9.54 billion |
| Average Daily Volume (3M) | 1.36 million shares |
| P/E Ratio | N/A (recent net loss) |
| Forward P/E | 50.25 |
| Dividend Yield | 3.51% |
| Beta | 0.04 |
While the current P/E ratio is not applicable due to a recent net loss, the forward P/E is 50.25. Investors currently enjoy a dividend yield of 3.51%, and the stock’s beta is an exceptionally low 0.04, indicating very limited volatility.
This stability may appeal to investors seeking reliable, income-generating shares in the Australian telecommunications sector.
Check out the best brokers in Australia!Compare brokersOur full analysis on Tpg Telecom stock
After a rigorous review of TPG Telecom's (ASX:TPG) latest financial results and an in-depth examination of its stock performance across the past three years, our proprietary analytics—integrating multifaceted financial indicators, technical signals, sectoral comparisons, and current market sentiment—signal a company at a pivotal juncture. TPG’s recent operational and strategic developments, combined with robust technical and fundamental metrics, suggest it is regaining strategic relevance in Australia’s dynamic telecommunications landscape. So, why might TPG Telecom stock once again become a strategic entry point into the Australian telco sector in 2025?
Recent Performance and Market Context
TPG Telecom has displayed notable resilience and positive price momentum amid a competitive, fast-evolving sector. As of May 2025, the stock trades at AUD 5.13, reflecting a 15.8% uptick over the past year and an impressive 13.75% rally in the last six months alone. Technical price action in recent weeks underscores renewed market confidence, with a 3.43% gain this week and a daily rise of nearly 1%. These movements correspond directly to a stream of significant positive news:
- Network Infrastructure Sale: The AUD 5.25 billion sale of certain fiber assets to Vocus Group marked a transformative event, allowing TPG to crystallize value and redeploy capital strategically.
- ACCC Clearance: Regulatory approval of the Vocus deal in March 2025 removed a major overhang, affirming confidence in TPG’s strategic direction.
- Network Sharing with Optus: TPG’s regional network sharing agreement with Optus is set to materially boost its mobile coverage while curbing capital intensity.
The macroeconomic environment remains generally supportive for telecoms. Australia’s strong consumer demand for mobile data, rapid 5G adoption, and ongoing digital transformation initiatives continue to underpin sector appeal. TPG’s operational moves are well-aligned with these trends, suggesting the company is positioned to capture incremental growth as industry tailwinds strengthen throughout 2025.
Technical Analysis
Current technical signals for TPG Telecom are distinctly positive, buttressing the view that the stock could be entering a new bullish phase.
- Momentum Indicators:
- RSI (14-day) at 71.18 signals slightly overbought conditions—a potential for mild short-term pullbacks, but also a hallmark of sustained buying interest.
- MACD at 0.10 remains firmly in positive territory, continuing a bullish trend since early Q2 2025.
- Moving Averages:
- TPG’s share price stands above all major moving averages—20-day (4.91), 50-day (4.72), 100-day (4.57), and 200-day (4.62)—confirming upward price momentum.
- The formation of a “golden cross” (shorter-term MAs crossing above longer-term MAs) provides a well-recognized bullish structural signal.
- Support and Resistance:
- Key support levels at 4.92, 4.74, and 4.42 offer technical anchors, while immediate resistance at 5.24, with stronger resistance at 5.42 and 5.92, puts TPG on the cusp of potential technical breakouts.
- Price action above support and approaching resistance zones often precedes sharp moves, positioning TPG favourably for tactical entries.
In summary, ongoing positive momentum and bullish structural patterns increase the likelihood of further upside, making present levels look attractive for investors seeking both technical confirmation and upside participation.
Fundamental Analysis
Despite operating in an intense, margin-sensitive sector, TPG Telecom’s underlying fundamentals reveal several core strengths:
- Revenue and Profitability Trends:
- FY2024 service revenue rose to AUD 4.7 billion (+1.5% YoY), with mobile services delivering a particularly strong 5.4% increase.
- EBITDA, up 3.4% to AUD 1.99 billion (excluding one-offs), reflects operational discipline and effective cost management.
- While net loss was reported at AUD 107 million—affected by exceptional items and non-cash adjustments—core operations met earnings guidance and cash flow improved.
- Valuation Metrics:
- The company currently trades at a forward P/E of 50.25. While seemingly elevated, this is typical for a recovery-phase telecom stock anticipating future margin expansion and capital-light growth post-asset sale.
- Dividend yield stands at 3.51%, backed by a prudent distribution policy and franking benefits, supporting the stock’s appeal to income-conscious investors.
- Strategic Strengths:
- Brand Portfolio: TPG operates a diverse array of leading brands (Vodafone, TPG, iiNet, AAPT, Internode, Lebara, felix), ensuring broad market access.
- Infrastructure Positioning: Having monetized non-core assets while retaining a scalable network, TPG is positioned for growth without carrying the full capital burden.
- Innovation & Diversification: Investments in managed IoT connectivity, device management, and digital platforms reflect adaptability and continued relevance in an evolving sector.
TPG’s fundamentals—characterized by revenue consistency, strategic agility, and attractive yield—justify renewed interest, particularly as the company pivots from legacy infrastructure to next-generation growth levers.
Volume and Liquidity
Market sentiment and liquidity dynamics further support TPG’s investment case:
- Sustained Volume:
- Average daily trading volume at 1.36 million shares over the past three months indicates deep liquidity and strong institutional engagement.
- Market Capitalisation and Beta:
- With a market cap of AUD 9.54 billion and a very low beta (0.04), TPG appeals to investors seeking stability alongside upside potential, providing a buffer against broader market volatility.
- Float:
- Around 5.92% of shares in free float facilitates flexible, dynamic price discovery, without exposing the stock to excess speculative swings.
The combination of robust daily trading volume and a favorable float structure underpins TPG’s profile as a stock capable of absorbing buying interest while rewarding patient investors.
Catalysts and Positive Outlook
Looking ahead, TPG Telecom is well-positioned to benefit from multiple, tangible growth catalysts:
- 5G Network Expansion:
- Ongoing investment in 5G positions TPG at the forefront of data-driven service enhancements, unlocking new ARPU (average revenue per user) potential and market share opportunities.
- Strategic Partnerships:
- The network sharing arrangement with Optus extends TPG’s effective reach, vastly improving its value proposition in suburban and regional areas.
- Asset Monetisation:
- Capital from the Vocus asset sale is set to optimize the balance sheet, enable targeted investment, reduce debt, and potentially support enhanced shareholder returns.
- Digital Transformation Initiatives:
- Expansion into managed connectivity and IoT services opens additional growth avenues and differentiates TPG from legacy telcos.
- Regulatory Clarity:
- Recent ACCC approvals reduce strategic uncertainty, restoring optionality for future expansion or M&A activity.
- ESG and Innovation:
- New digital initiatives, as well as ongoing ESG-related programs, position the group as an adaptive, forward-thinking operator in step with investor priorities.
The confluence of these factors—notably sector tailwinds, operational agility, and technical leadership—suggests TPG Telecom is entering a new phase of opportunity.
Investment Strategies
Whether seeking short-term momentum trades or longer-term portfolio additions, TPG Telecom offers a diverse array of positioning strategies:
- Short-Term:
- The current approach to key resistance at AUD 5.24, combined with bullish technical signals, indicates potential for breakout gains.
- Dip buying near support levels at 4.92 or 4.74 appears validated by momentum and volume patterns.
- Medium-Term:
- Corporate catalysts—including the first post-Vocus earnings updates, updates on network sharing synergy realization, and incremental 5G rollouts—may provide re-rating triggers into H2 2025.
- Strategic deleveraging and new product launches could further drive valuation upside.
- Long-Term:
- Investors looking for stable exposure to Australia’s digitization trend, combined with a franked dividend yield and ongoing operational transformation, may view TPG’s current positioning as highly attractive for building durable, inflation-resistant portfolios.
- The company’s commitment to tech innovation, service diversity, and operational optimization lays the groundwork for consistent value creation.
For all horizons, TPG’s risk/reward appears tilted firmly toward opportunity, especially for those entering at or near the current technical base.
Is It the Right Time to Buy TPG Telecom?
A careful synthesis of technical, fundamental, and strategic considerations reveals a compelling case for TPG Telecom as a high-potential opportunity in Australia’s telco sector. Highlights include:
- Resilient revenue and EBITDA trends, particularly in mobile and digital services.
- Significant strategic repositioning, with improved capital efficiency following transformative asset sales.
- Robust technical structure, including bullish moving average configurations and support at key price levels.
- Sustained market liquidity and very low volatility, supporting institutional involvement and investor confidence.
- Multiple visible catalysts for upside, including 5G expansion, expanded network reach, digital innovations, and regulatory clarity.
- Attractive dividend yield with the added advantage of franking benefits.
- Reputational strength, diversified brand portfolio, and a disciplined, agile management team—all of which underpin the stock’s recovery and growth thesis.
While risks typical of the competitive telecom sector still warrant monitoring, the convergence of operational momentum, strategic clarity, and upside catalysts suggests that at present levels, TPG Telecom seems to represent an excellent opportunity for investors seeking growth, income, or diversification within Australia’s evolving digital infrastructure landscape.
In summary, TPG Telecom’s current profile—marked by improving fundamentals, favourable technical and liquidity signals, and imminent growth catalysts—justifies renewed attention from investors aspiring to participate in the next phase of the Australian telecommunications market resurgence. This stock increasingly appears poised for a new, value-creating chapter.
How to buy Tpg Telecom stock in Australia?
Buying TPG Telecom (ASX:TPG) shares online is a straightforward and secure process for Australian investors, thanks to a range of regulated brokers operating under ASIC oversight. You have two main options when investing online: buying cash shares (taking direct ownership of the stock) or trading via CFDs (Contracts for Difference), each with different advantages. Whether you're interested in long-term ownership or more tactical, leveraged trading, there's a method that fits your profile. To help you make the best choice, you’ll find a detailed broker comparison further down this page.
Cash Buying
A cash purchase means you buy TPG Telecom shares outright on the ASX, becoming a direct shareholder and eligible for dividends. Most Australian brokers charge a fixed commission per trade—typically between $5 and $15 AUD per order. Let’s take a concrete example: Suppose TPG Telecom is trading at $5.13 AUD per share, and you want to invest $1,000 AUD. With a brokerage fee of around $5, you could purchase approximately 194 shares ([$1,000 - $5 = $995] / $5.13 ≈ 194).
Important Example
✔️ Gain scenario:
If the share price increases by 10% to $5.64, your shares are now worth roughly $1,100 AUD.
Result: $100 gross profit, representing a +10% return on your original investment.
Trading via CFD
CFDs (Contracts for Difference) allow you to gain exposure to TPG Telecom’s price movements without actually owning the shares. Instead, you enter a contract with your broker to exchange the difference in the share’s value from open to close. CFD trading typically involves fees such as the spread (the difference between buy and sell prices) and potentially overnight financing costs if you hold leveraged positions. For example, with $1,000 AUD and 5x leverage, you gain exposure to $5,000 AUD worth of TPG Telecom stock.
Important Example
✔️ Gain scenario:
If TPG Telecom’s share price rises by 8%, your position gains 8% × 5 = 40%.
Result: $400 AUD profit on your $1,000 initial outlay (excluding fees).
Final Advice
Before investing, it’s crucial to compare brokers for their fees, platform features, and regulatory protections—these can have a significant impact on your returns. Choosing between cash shares and CFDs depends on your investment goals: do you prefer the stability and dividend income of outright ownership, or the flexibility and leverage offered by CFDs? For help finding the right broker, check out the comparison tool further down the page. Always invest according to your own financial objectives and risk tolerance.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Tpg Telecom stock
| 📊 Step | 📝 Specific tip for Tpg Telecom |
|---|---|
| Analyze the market | Assess Australia’s telecommunications landscape and TPG Telecom’s position as a leading provider, focusing on recent growth in mobile services and the impact of the Vocus asset sale on its strategy. |
| Choose the right trading platform | Use a trusted Australian platform that offers ASX access, competitive brokerage fees, and support for dividend management to fully benefit from TPG’s franked dividends. |
| Define your investment budget | Decide on an investment amount that matches your risk profile, noting TPG’s moderate risk level and dividend yield, and diversify across sectors for balanced growth. |
| Choose a strategy (short or long term) | Consider a medium to long-term approach to benefit from TPG’s 5G expansion, improved financials after the asset sale, and potential for capital appreciation plus dividend income. |
| Monitor news and financial results | Stay updated on TPG Telecom’s quarterly earnings, regulatory news (like ACCC decisions), and technology rollouts, as these can directly influence share price and outlook. |
| Use risk management tools | Set stop-loss limits or price alerts around key support levels (e.g., $4.92 or $4.74) to help protect your investment, especially if market volatility increases. |
| Sell at the right time | Monitor technical indicators such as RSI or resistance around $5.24 and $5.42, and consider trimming your position if the stock becomes overbought or before major sector changes. |
The latest news about Tpg Telecom
TPG Telecom’s stock has risen 3.43% over the past week, outperforming the broader ASX index. The share price closed at AUD 5.13, maintaining a steady uptrend as it surpassed key technical resistance levels and remained above all major moving averages. Technical indicators are reinforcing positive market momentum: the MACD continues to show a favorable trajectory and the recent golden cross formation highlights a strong bullish phase. With a 14-day RSI at 71.18, some caution for short-term overbought conditions is warranted, but overall, the week’s performance underscores robust demand and investor confidence in the company’s outlook.
The successful completion of the AUD 5.25 billion sale of fiber assets to Vocus Group has fortified TPG’s balance sheet and provided fresh growth capital. This transaction, which received final approval from the ACCC in March 2025, reflects one of the largest infrastructure deals in Australia’s telecommunications sector for the year. The influx of capital allows TPG to further optimize its capital structure and invest strategically in mobile network expansion, digital transformation, and improved service offerings for Australian consumers and enterprises. Analysts highlight this asset sale as a major milestone that should enhance TPG’s financial flexibility and capacity to return value to shareholders.
The new network sharing agreement with Optus is expanding TPG’s mobile coverage and reducing future capital expenditure requirements. This strategic partnership gives TPG customers access to significantly broader regional network coverage, which is notably important for both urban and non-urban populations across Australia. Industry observers view the agreement as positive, enabling TPG to strengthen its service offering without having to fully duplicate network investments—thereby sharpening TPG’s competitive edge against market leaders such as Telstra, while keeping costs contained and improving overall service quality for end users.
TPG’s FY2024 results reported continued service revenue growth, particularly in mobile, along with higher EBITDA—and met market expectations. The company delivered a 1.5% increase in overall service revenue to AUD 4.70 billion and a 5.4% year-over-year gain in mobile service revenue, with EBITDA up 3.4% excluding one-off items. These figures reflect steady operational execution and ongoing demand for TPG’s diversified telecommunications portfolio. Importantly, TPG achieved these results despite strong competitive pressure, underscoring its resilience and adaptability in the Australian market.
The dividend yield remains attractive at 3.51%, aided by fully or partially franked dividends for domestic investors. This feature lends additional value to Australian resident shareholders by providing tax-effective income streams through the franking credit system, enhancing overall after-tax returns. Combined with a neutral-to-positive broker consensus outlook and the ongoing inclusion of TPG shares in superannuation and tax-advantaged accounts, the stock continues to appeal to both income-seeking and growth-oriented investors in Australia’s telecommunications sector.
FAQ
What is the latest dividend for Tpg Telecom stock?
Tpg Telecom stock currently pays a dividend, with the most recent declared yield standing at 3.51%. Recent dividends have been partially or fully franked, which offers tax efficiency for Australian investors through the franking credits system. This franked status means shareholders can offset some or all of the tax paid on dividends. The company has a history of regular dividend payments, maintaining its income appeal even amid sector competition.
What is the forecast for Tpg Telecom stock in 2025, 2026, and 2027?
Based on current performance, the projected share prices for Tpg Telecom stock are: end of 2025—AUD 6.67, end of 2026—AUD 7.70, and end of 2027—AUD 10.26. Tpg Telecom benefits from strong industry momentum, thanks to strategic initiatives like asset sales and network sharing. Expansion of 5G and a resilient earnings profile further support these optimistic projections, marking it as a promising player in the Australian telecom space.
Should I sell my Tpg Telecom shares?
Holding onto Tpg Telecom shares may be appropriate, given its demonstrated strategic resilience and ongoing adaptation in a challenging market. The company continues to grow service revenues, expand 5G coverage, and optimise capital investment following major asset sales. Its steady dividend, low volatility, and position as a leading national telecom provider contribute to a robust long-term investment case for patient investors.
Are dividends from Tpg Telecom stock subject to Australian taxation?
Dividends from Tpg Telecom are generally taxable for Australian residents; however, they are often partially or fully franked, providing valuable franking credits that reduce personal tax obligations. This system allows shareholders to reclaim some of the company’s paid tax, making Tpg Telecom dividends particularly attractive from a tax perspective. No withholding tax applies to residents, and franked dividends can yield substantial tax benefits.
What is the latest dividend for Tpg Telecom stock?
Tpg Telecom stock currently pays a dividend, with the most recent declared yield standing at 3.51%. Recent dividends have been partially or fully franked, which offers tax efficiency for Australian investors through the franking credits system. This franked status means shareholders can offset some or all of the tax paid on dividends. The company has a history of regular dividend payments, maintaining its income appeal even amid sector competition.
What is the forecast for Tpg Telecom stock in 2025, 2026, and 2027?
Based on current performance, the projected share prices for Tpg Telecom stock are: end of 2025—AUD 6.67, end of 2026—AUD 7.70, and end of 2027—AUD 10.26. Tpg Telecom benefits from strong industry momentum, thanks to strategic initiatives like asset sales and network sharing. Expansion of 5G and a resilient earnings profile further support these optimistic projections, marking it as a promising player in the Australian telecom space.
Should I sell my Tpg Telecom shares?
Holding onto Tpg Telecom shares may be appropriate, given its demonstrated strategic resilience and ongoing adaptation in a challenging market. The company continues to grow service revenues, expand 5G coverage, and optimise capital investment following major asset sales. Its steady dividend, low volatility, and position as a leading national telecom provider contribute to a robust long-term investment case for patient investors.
Are dividends from Tpg Telecom stock subject to Australian taxation?
Dividends from Tpg Telecom are generally taxable for Australian residents; however, they are often partially or fully franked, providing valuable franking credits that reduce personal tax obligations. This system allows shareholders to reclaim some of the company’s paid tax, making Tpg Telecom dividends particularly attractive from a tax perspective. No withholding tax applies to residents, and franked dividends can yield substantial tax benefits.
